Wisconsin Automobile & Truck Education Association Inc

Analysis

Wisconsin Automobile & Truck Education Association Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wisconsin Automobile & Truck Education Association Inc reported income of $429k and spending of $444k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $429k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Automobile & Truck Education Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Montessori Childrens House of Hayward ($429k), Arklink Library Consortium ($429k) and Pinnacle Christian School ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $98k (22% of expenses). Other salaries and wages came to $44k. At year end it held assets of $332k against liabilities of $6,741, net assets of $326k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.